This chemical is primarily used as a reactive diluent and monomer in the production of polymers and resins. It is particularly valuable in the formulation of coatings, adhesives, and sealants, where it enhances flexibility, adhesion, and curing properties. Additionally, it is employed in the synthesis of specialty chemicals, including those used in the electronics industry for photoresists and other advanced materials. Its ability to polymerize easily makes it a key component in creating high-performance materials with tailored properties.